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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Turkish Lira (FOREX:GBPTRY)
Countertrend Up (+85) - GBPTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GBPTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPTRY
The long-term trend has been UP since Nov 15th, 2022 at 22.046350
The intermediate-term trend has been UP since Apr 14th, 2025 at 50.218900
The short-term trend has been DOWN since May 7th, 2025 at 50.819957
Smart Scan Analysis for GBPTRY
Based on our trend formula, GBPTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 51.418609 | 51.538055 | 51.204748 | 51.504053 | +0.085444 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51.418609 | 2025-05-09 08:10:23 |